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Manazil Real Estate participates to the International Investment and Real Estate Exhibition in Sharjah Expo centre from 10 to 13 February 2016, with three of its most important hospitality and residential projects in the emirates of Sharjah, Dubai, Ras Al Khaimah, through which the company offers a range of investment options and exclusive offers during the exhibition.

It is worth mentioning that all these projects are managed by the French company “AccorHotels” the largest hotel management companies globally.

Manazil Real Estate enjoys a good reputation and credibility in the market as the company has delivered 100% of its projects. Manazil is known for its extensive experience in the field of real estate spanning more than four decades, since its mother company was founded in the emirate of Sharjah in 1975.

Marjan Island Resort & SPA, in Ras Al Khaimah offering unique investment opportunities

Located in the southwest of Ras Al Khaimah city centre, less than an hour’s drive from Dubai, the five stars Marjan Island Resort & SPA, stands on a man-made island located amongst scenic views of the Arabian Gulf coastline, providing the intimate experience of a secluded retreat.

Marjan Island Resort & Spa – Managed by AccorHotels has a total of 299 keys, with various F&B outlets, in addition to the signature La’mar Arabian Wellness Spa. The hotel, being equipped with a ballroom and multiple meeting rooms, can also accommodate large events and banquets.

Manazil Real Estate presents during the exhibition a unique promising investment opportunities through “Marjan Island Resort & Spa” where investors can buy a hotel Room or Suite on a 100% freehold bases for investment purposes and with added benefit to stay in the accommodation for up-to 30 days for free every year during the holidays, and deposit the remaining of the unused periods in the hotel rental pool for renting and having rewarding financial return for it. The unit prices starts from AED 490,000 with a guaranteed return on investment of 25% during first 5 years.

Terhab Residence, AED 300 million investment in Sharjah offering furnished apartments with hotel services

Terhab Residence is part of Pullman Hotel Sharjah duo-cluster situated in Al Taawun road and managed by the French company AccorHotels. Terhab Residence features varied sizes apartments of one, two and three-bedroom with large space in order to satisfy the need and expectations of Arabic families and investors who aim to stay or invest and get high investment returns.

Situated in the prominent Al Taawun area of the city amongst a mix of corporate, government and leisure institutions, Terhab Residence will be close to the Sharjah Expo Centre, 15 minutes from Dubai International Airport, and approximately 25 minutes from Downtown Dubai. Major nearby landmarks include the new Chamber of Commerce and Al Qasba Canal, a prime art, culture, leisure and tourist attraction.

MERCURE Jumeirah Village Triangle, part of trio-cluster of AED 700 million investment in Dubai offering hotel rooms investments

Mercure is part of the new trio-cluster properties located at the Jumeirah Village Triangle (JVT) will bring together 900 keys between hotels and residential. The concept behind this one-of-a-kind cluster combining many brands in a single podium emanates from the ambitious scale and nature of upcoming projects within the JVT area, including Expo 2020. Located in proximity to new attractions such as Al Khail Avenue and JVC Mall, the hotels’ site is easily accessible from both Al Khail Road and Sheikh Mohammed Bin Zayed Road.

Mercure JVT is expected to open in 2019 and attract both families and corporate travelers, offering guests a unique water themed play area, a vast retail space, and multiple F&B outlets in addition to extensive meetings facilities, health clubs, spas and infinity swimming pools.

Hotel Room Investment, a new and innovative concept in real estate investment  

Manazil Real Estate presents through “Marjan Island Resort & Spa” and Mercure Jumeirah village triangle a unique promising investment opportunities and creative options in the hospitality investment sector. The investor is now able to buy a hotel Room on a 100% freehold bases for investment purposes and with added benefit to stay in the accommodation for up-to 30 days for free every year during the holidays. The remaining of the unused periods in the hotel rental pool will be deposited for renting to guarantee rewarding financial return.

In addition, the investor will not pay any maintenance or other fees related to water & electricity, cooling and cleaning, where all those costs are paid through a rental pool according to «Terhab» hotel management program for hotel assets.

And to improve efficiency and increase financial returns, operational and safeguard the rights of investors Terhab will supervise the performance of the hotel Management Company, financial planning, administrative and legal operations for these hotel assets for an effortless Investment for the clients.

AccorHotels  a guarantee for high return on investment

 The strategic cooperation between Manazil Real Estate and the French company “Accor Hotels”, which includes in its portfolio a large group of well-known hotel brands like Sofitel, Pullman, Grand Mercure, Novotel, Mercure, Adagio and Ibis, ect.  Inspire more confidence in the profitability of investing in hosbitality , with a hotel operator and franchiser enjoying a wealth of experience and a global network of more than 4,000 hotels in 94 countries around the world, ensuring better operational efficiencies and higher return on investment.

Manazil Global Property Development, the Dubai based real estate developer, has announced the signing of exclusive partnership with the Real Estate broker Tamleek to be its exclusive sales representative in UAE for the Adagio Hotel Apartments in Dubai Jumeirah Village Triangle.

Engineer Abdul Mohsen Al Hammadi, CEO Manazil Group, developer and owner of the Hotel announced:” “We are pleased to partner with Tamleek on this exciting project, which is part of a new trio-cluster of properties located at the Jumeirah Village Triangle (JVT) bringing together a 164-room Majlis Grand Mercure, a 330-room Mercure, a 336-room Adagio and 110 furnished and serviced appartments. These hotels will tap into the evolution of the previously residential-focused community of JVT, which is witnessing the development of important corporate, leisure and MICE segments” in addition to the economic and touristic growth and the increase of tourists numbers to exceed 20 millions following the Expo 2020.

Al Hammadi added:” Adagio Hotel apartment is located in proximity to new attractions such as Al Khail Avenue and JVC Mall, the hotel site is easily accessible from both Al Khail Road and Sheikh Mohammed Bin Zayed Road. The hotel is planned to open in 2019 and attract both families and corporate travelers, offering guests a unique water themed play area, a vast retail space, and multiple F&B outlets in addition to extensive meetings facilities, health clubs, spas and infinity swimming pools.

Dr Brian Etemad, CEO, Tamleek Real Estate Co,said:”Adagio Hotel Apartments is an open door for promising & rewarding investment opportunities in the hotel sector in the Emirate of Dubai. The fact that it will be operated by the largest hotel operator in the world AccorHotels benefiting from its strong global network deployed in over 94 countries around the world, would lead to the highest hotel apartments occupancy rate and the best price for the rooms all resulting in better financial returns for the investors.”

Commenting on the investment opportunity that Adagio represents, Engineer Abdul Mohsen Al Hammadi, said: “Manazil Global Property Development presents a new and innovative concept in real estate investment through Hotel Room Investment. Now the investor is able to buy a hotel Room on a 100% freehold bases for investment purposes and with added benefit to stay in the accommodation for up-to 30 days for free every year during the holidays. The remaining of the unused periods in the hotel rental pool will be deposited for renting. The prices starting from AED 603,000 with guaranteed rewarding financial return of 30% over the first 5 years.”

In addition, the investor will not pay any maintenance or other fees related to water & electricity, cooling and cleaning, where all those costs are paid through a rental pool according to «Terhab» hotel management program for hotel assets.

And to improve efficiency and increase financial returns, operational and safeguard the rights of investors Terhab will supervise the performance of the hotel Management Company, financial planning, administrative and legal operations for these hotel assets for an effortless Investment for the clients.

Al Hammadi added: “We have carefully selected the most successful Hotel Operator worldwide. Confident that with AccorHotels global network including more than 4,000 hotels in 94 country and recognized management experience Adagio will reward investors with the highest return on investment.”

Manazil Global Property Development is a UAE local company, with over 40 years in real estate development and who has executed and delivered 100% of the projects. Also MGPD is part of Manazil Group operating in sectors like Hotels and resorts, Medical Centers & Hospitals, Engineering Consultancy, General Construction, Property Management and Hotel Asset Management.

من- رامي سميح:

أبوظبي – مباشر: قال المهندس عبدالمحسن الحمادي- الرئيس والعضو المنتدب لمجموعة منازل، ومقرها دبي، اليوم الخميس، إن هناك مشروعين جديدين للمجموعة في دبي والشارقة باستثمارات 1.1 مليار درهم (299.5 مليون دولار).

وأضاف “الحمادي”، في تصريحات لـ “مباشر” على هامش معرض عقاري بالعاصمة أبوظبي، أن المشروع الأول بقرية جميرة بإمارة دبي باستثمارات 700 مليون درهم (190.6 مليون دولار)، وهو عبارة عن فندق وأبراج “ترحاب”‏ يتألف من 900 غرفة وجناح فندقي.

وأوضح أن الشركة تعمل حالياً على إنهاء التصاريح اللازمة للمشروع من دائرة دبي للأراضي والأملاك، متوقعاً بدأ الأعمال الإنشائية في غضون 3 أشهر.

وقال “الحمادي”، إن المشروع الثاني في إمارة الشارقة ‏وهو عبارة عن فندق “ريزدانس” الرحاب، وسيدار بواسطة شركة “كولمان” العالمية إضافة إلى 300 شقة.

وأشار إلى أن المشروع تحت الإنشاء حالياً وتم إنجاز 10% حتى الآن. ومن المتوقع الانتهاء منه في عام 2018 باستثمارات 400 مليون درهم (108.9 مليون دولار).

قال الرئيس والعضو المنتدب لمجموعة منازل لـ “مباشر”، إن المجموعة لديها مشروع منتجع وسبا “جزيرة المرجان” في إمارة رأس الخيمة، وهو مكتمل الإنشاء ويتألف من 300 غرفة، باستثمارات بلغت 300 مليون درهم.

وأضاف أن جميع مشاريع الشركة تمول ذاتياً، ومن دون الاعتماد على القروض، لافتاً إلى أن محفظة الشركة تضم أصولاً بقيمة ملياري درهم في القطاع الفندقي، والتطوير العقاري، والطبي، والمستشفيات.

وأوضح “الحمادي”، أن المجموعة تبحث حالياً عن شركاء للاستثمار في إمارة أبوظبي، خاصة في ظل توافر المزيد من الفرص الجيدة هناك ومع التوقعات نمو قوي في السوق العقاري بالإمارة.

ورداً على سؤال بشأن مدى إمكانية طرح أسهم المجموعة، قال الحمادي لـ “مباشر”: “قد ننظر في المستقبل إلى الطرح في أسواق الأسهم، لكن الآن ليس لدينا أي خطط بشأن هذا الموضوع”.

His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, received a delegation from Manazil Group and AccorHotels on the occasion of the recent signing ceremony of four management agreements between the two groups.

His Highness welcomed the delegation and wished them success in their partnership, stressing the key role these agreements play in supporting the hospitality industry in Ras Al Khaimah.

During the meeting held at Al Dhait Palace, His Highness was briefed on the Marjan Island Resort & Spa, a 299 key, five-star resort positioned as a prominent family destination in the Emirate. The Resort is the first Manazil-owned property to be managed by AccorHotels.

The delegation was headed by the Chairman of Manazil Group, Mr. Hassan Al Hammadi, CEO of Manazil Group, Eng. Abdul Mohsen Al Hammadi, and Mr. Jean-Jacques Dessors, AccorHotels CEO Mediterranean, Middle East and Africa. Mr. Haitham Mattar, CEO of Ras Al Khaimah’s Tourism and Development Authority, and Mr. Abdullah Al Abdooli, Managing Director of Al Marjan Island, were also present.

Mr. Abdul Mohsen and the accompanying delegation praised the efforts made by the Government of Ras Al Khaimah to develop the infrastructure and the facilities required to attract investments, referring specifically to the significant developments the Emirate’s hospitality and tourism sector have seen over the last decade

MANAZIL REAL ESTATE IS PARTICIPATING IN IREIS 2015 IN ABU DHABI.

AccorHotels, the world’s leading hotel operator, today announced the signing of four new management agreements with Manazil Group for projects in the emirates of Dubai and Sharjah. Bringing over 1,300 new hotel rooms to the United Arab Emirates (UAE), this partnership constitutes one of AccorHotels’ largest in the UAE, with the hotel group set to operate five properties owned by Manazil Group.

Engineer Abdul Mohsen Al Hammadi, CEO of Manazil Group, said: “We are pleased to sign these hotel management agreements with AccorHotels for a range of properties being developed by us in Dubai and Sharjah. Our successful experience with AccorHotels in the management of Marjan Island Resort & Spa in Ras Al Khaimah has encouraged us to extend our partnership in the UAE hospitality sector. And we are confident that this partnership between AccorHotels and Manazil Group will improve the services provided to our customers and enhance the efficiency of the operations in these hotels.”

Jean-Jacques Dessors, Chief Operating Officer of AccorHotels Mediterranean, Middle East & Africa said: “We are delighted with the signature of these four new hotels with Manazil Group. It reinforces our partnership and demonstrates the trust that Manazil Group has vested in the Accorhotels Group following the successful launch of Marjan Island Resort & Spa – Managed by AccorHotels this month in Ras Al Khaimah.”

The announcement was made during a ceremony held in Marjan Island Resort & Spa in Ras Al Khaimah, a 299-key five-star resort owned by Manazil Group and managed by AccorHotels.

Haitham Mattar, CEO RAK Tourism Development Authority said: “Al Marjan Island is one of the core elements of the overall destination strategy as we look to attract families, leisure seekers and business travelers with a range of world-class hotels, restaurants and entertainment outlets all in one convenient location. The alliance between AccorHotels and Manazil Group is exactly the kind of synergies we look to nurture as we aim to attract 1 million visitors by 2018.”

The new project currently under construction in Sharjah is a new upscale hotel called Pullman Sharjah Canal. In Dubai, a cluster of three properties located in Jumeirah Village Triangle (JVT) will combine an upscale Majlis Grand Mercure hotel, a midscale Mercure hotel and a midscale Adagio aparthotel.

The new project currently under construction in Sharjah is a new upscale hotel called Pullman Sharjah Canal. In Dubai, a cluster of three properties located in Jumeirah Village Triangle (JVT) will combine an upscale Majlis Grand Mercure hotel, a midscale Mercure hotel and a midscale Adagio aparthotel.

Situated in the prominent Al Taawun area of the city amongst a mix of corporate, government and leisure institutions, Pullman Sharjah Canal will be close to the Sharjah Expo Centre, 15 minutes from Dubai International Airport, and approximately 25 minutes from Downtown Dubai. Major nearby landmarks include the new Chamber of Commerce and Al Qasba Canal, a prime art, culture, leisure and tourist attraction.

In Dubai, the new trio-cluster of properties located at the Jumeirah Village Triangle (JVT) will bring together a 164-room Majlis Grand Mercure, a 330-room Mercure and a 336-room Adagio. These hotels will tap into the evolution of the previously residential-focused community of JVT, which is witnessing the development of important corporate, leisure and MICE segments.

The concept behind this one-of-a-kind cluster combining three brands on a single podium emanates from the ambitious scale and nature of upcoming projects within the JVT area, including Expo 2020. Located in proximity to new attractions such as Al Khail Avenue and JVC Mall, the hotels’ site is easily accessible from both Al Khail Road and Sheikh Mohammed Bin Zayed Road. The hotels are expected to open in 2019 and attract both families and corporate travelers, offering guests a unique water themed play area, a vast retail space, and multiple F&B outlets in addition to extensive meetings facilities, health clubs, spas and infinity swimming pools.

Dessors concluded: “AccorHotels still sees great demand from the UAE market, in accordance with official forecasts from Dubai Vision for Tourism which expects 20 million visitors annually by 2020, and the Sharjah Tourism Vision that aims to attract 10 million tourists by 2021. We hope that these important agreements with Manazil Group can serve as a confirmation of our commitment to helping meet the demand across the UAE. With the help of our local partners, I am certain that we can continue to make significant contributions to the supply of hotel rooms across all segments and categories.”

Dessors concluded: “AccorHotels still sees great demand from the UAE market, in accordance with official forecasts from Dubai Vision for Tourism which expects 20 million visitors annually by 2020, and the Sharjah Tourism Vision that aims to attract 10 million tourists by 2021. We hope that these important agreements with Manazil Group can serve as a confirmation of our commitment to helping meet the demand across the UAE. With the help of our local partners, I am certain that we can continue to make significant contributions to the supply of hotel rooms across all segments and categories.”